UK: Annual PPI – Output rises 1.2% in September

FXstreet.com (Barcelona) - In the year to September 2013 UK PPI – Output n.s.a. grew 1.2% , in comparison with a increase of 1.7% the previous month, National Statistics reported today. Analysts expected slightly more growth of 1.3%.

On a monthly basis UK PPI – Output n.s.a. fell 0.1% in September, following a 0.2% increase in August and against market consensus of a 0.1% rise.

Annual PPI Core Output edged up 0.7%, down from 1% and below expectations of +0.9%. On a monthly basis PPI Core Output slid 0.1%, after remaining unchanged and against forecasts iof growing 0.1%.

Annual PPI – Input n.s.a. rose 1.1% in September, down from the 2.8% increase in August, below consensus of +2.6%. Between August and September UK PPI – Input fell 1.2%, after dropping 0.7% between July and August and below projections of sliding 0.4%.

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